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The Government Actuary is suggesting a 5% rise in National Insurance by 2032 to prevent a deficit in the National Insurance Fund used to pay out state pensions, a possibility based on the latest Government Actuary Department projections.
Seven Investment Management is to launch a series of regional adviser roadshows entitled: 'The Retirement Challenge', visiting 12 locations throughout the UK in January and February.
Guy Opperman MP, who was appointed Parliamentary Under Secretary for Pensions and Financial Inclusion six months ago, has survived the latest parliamentary reshuffle.
The Department for Work and Pensions has re-appointed Mark Boyle for a second three year term as non-executive chair of The Pensions Regulator.
Steve Groves, the former CEO of Partnership, has been hired as chairman of the Key Retirement Group, an equity release and later life provider.
SIPP compensation claims above predictions have forced the Financial Services Compensation Scheme (FSCS) to ask financial advisers and providers to chip in an extra levy of £23.9m.
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